28 Nov 2018
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Cooperation and development
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Cooperation and development
The EIB Circular Economy Guide
EIB Guide to Circular Economy
The EIB has already supported the transition to a circular economy with over €2.1 bn in project financing, including the first of a kind Aanekoski bio-pulp mill in Finland, the largest circular investment to date in Europe. An overview of such projects, alongside the bank's perception of the drivers to a circular economy (resource opportunities, technological development and the emerging socio-economic paradigm of sustainable development), corresponding opportunities and potential business models (circular design, value recovery, optimal use & circular support) is provided in this guide.
As the circular economy can actively contirbute to reducing carbon emissions and reaching wider environmental protection goals, the EIB is keen to finance projects contributing to this transition through a range of financing products, including EFSI and InnovFin for higher risk innovations. When doing so, it makes use of specific criteria to assess whether project are truly circular and attempts to categorise them within one of the aforementioned business models. During project assessment, further eligibility criteria are applied depending on the type of business model. These criteria, and more information about the bank's perception of circular economy strategies and project types, is provided in the guide's annexes.
Alternatives to single-use plastic bags in Morocco
SCP/RAC promotes an action in Morocco to support the country in transitioning from single-use plastic bags to other green means.
SwitchMed Green Entrepreneurship Programme
The EU-funded SwitchMed Programme supports and connects stakeholders to scale-up social and eco-innovations in the Mediterranean. It promotes inclusive growth, job creation and sustainable development by supporting policy makers, eco-innovative small and medium sized enterprises, industries, start-ups and entrepreneurs in the Southern Mediterranean countries.
SwitchMed Civil Society Programme
EU-funded SwitchMed Programme supports and connects stakeholders to scale-up social and eco-innovations in the Mediterranean. It promotes inclusive growth, job creation and sustainable development by supporting policy makers, eco-innovative small and medium sized enterprises, industries, start-ups and entrepreneurs in the Southern Mediterranean countries.
SwitchMed National Action Plan Demo projects
The EU-funded SwitchMed Programme supports and connects stakeholders to scale-up social and eco innovations in the Mediterranean.
SwitchMed - MED TEST II
Skaff Dairy Farm is a small-sized enterprise, which produces around 840 t of dairy products annually for the local market. Skaff Dairy Farm joined the MED TEST II project in order to improve quality and reduce defects, to drive out waste and continuously improve cost efficiency. The main problems the company faced was energy and finished products losses. The company was already ISO 22000:2005 certified at the project start.